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Re: Lickety Split post# 135536

Monday, 07/21/2008 12:51:42 PM

Monday, July 21, 2008 12:51:42 PM

Post# of 361651
Strass,

I am not 100% for sure (maybe only 90%) but to my knowledge as few as 3 to 4 wells can be drilled to determine the reservoir potential of a specific field. Which indicates that once drilling begins and if all things fall into place the market could have a good idea of what some reservoirs with the JDZ have as proven reserves in a very short time (maybe 6 to 10 months). And depending on what those reserve predictions are we could see an ERHC stock price appreciation also in a very short time.

My point being, it only takes 3 or 4 wells to determine the portential.

BayfisherII